European Commission 13 November 2024, COMMISSION STAFF WORKING DOCUMENT Joint Review Report of the implementation of the Agreement between the European Union and the United States of America on the processing and transfer of Financial Messaging Data from the European Union to the Untied States for the purposes of the Terrorist Finance Tracking Program Accompanying the document REPORT FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT AND THE COUNCIL On the joint review of the implementation of the Agreement between the European Union and the United States of America on the processing and transfer of Financial Messaging Data from the European Union to the United States for the purposes of the Terrorist Financing Program

Also known as

The document is a Commission Staff Working Document detailing the seventh joint review of the Agreement between the European Union and the United States regarding the processing and transfer of Financial Messaging Data for the Terrorist Finance Tracking Program (TFTP). It outlines the background and procedural aspects of the TFTP, assesses the value and effectiveness of the data provided, and highlights the EU's benefits from TFTP data, including the reciprocity provisions that facilitate information sharing for counter-terrorism efforts. The report concludes with recommendations based on the findings of the review, emphasizing the importance of the TFTP in supporting investigations related to terrorism and its financing.AI